Gen X, Y More Willing to Take on Risk Than Any Other Age Group

Generation X and Y are warming up to investing more than any other age group, according to a survey by MFS Investments. But they remain largely reticent investors.

Thirty-six percent of Gen X, Y is willing to take on additional risk, more than any other age group. And 47% of this age group disagreed with the statement, “I will never feel comfortable investing in the stock market,” up from the 39% who disagreed with that statement in 2010.